Real Estate Investing in Axtell, Texas (76624)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76624 (Axtell, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.5% of homes vacant — above national norms.
- Higher unemployment: 11.9% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Axtell, TX (76624)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76624 Axtell
Stepping back, ZIP 76624 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $351K median. It rewards specialists, not generalists.
For an experienced owner, 76624 can be a a viable market for hunting ground — but the discount at $351K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 76624 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 76624 ZIP's population of 2,679 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategy in 76624 is an operator game, not a passive one. From a cash-flow lens, entry prices of $351K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Axtell:
Property Strategy for 76624
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $253,625 | $1,240 | 3.5% | — | $126,812 |
| 3BR | $344,507 | $1,600 | 3.3% | +8.0% | $114,836 |
| 4BR | $463,127 | $1,650 | 2.6% | — | $115,782 |
Market Trends
Home Value History (with trend line)
📊 How Does 76624 Compare?
| Metric | 76624 | Axtell | Texas |
|---|---|---|---|
| Home Value | $350,775 | $350,775 | $297,000 |
| 5-Year CAGR | 5.1% | 5.1% | 5.4% |
| Avg Rent | $1,116 | $1,116 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76624 (Axtell, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 76624 (Axtell, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $350,775 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 76624
Population: 2,679
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 76624
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,693 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Axtell, TX?
Median home price in Axtell, TX is near $351K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Does a duplex house hack pencil in Axtell, TX?
House hacking in Axtell, TX is reasonable to execute. Prices around $351K and rents of $1,116/mo solid owner-occupant economics.
Are rents high in Axtell, TX?
Rental rates in Axtell, TX average $1,116/mo. Tenant demand and $351K home values make the yield look reasonable by investor standards.
What approach is best for Axtell, TX real estate?
For Axtell, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Are renters plentiful in Axtell, TX?
Expect a solid tenant pool in Axtell, TX. The rental market absorbs $1,116/mo rents without meaningful friction.
You know 76624 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76624 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 76624 (Axtell)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 76624 (Axtell, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.